FutureFuel Corp. (NYSE:FF) Short Interest Update

FutureFuel Corp. (NYSE:FFGet Free Report) was the target of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 891,300 shares, a decrease of 6.8% from the May 15th total of 956,100 shares. Based on an average daily volume of 707,900 shares, the days-to-cover ratio is presently 1.3 days. Currently, 3.5% of the company’s shares are short sold.

Insider Buying and Selling at FutureFuel

In related news, Director Ronald J. Kruszewski acquired 50,358 shares of FutureFuel stock in a transaction dated Thursday, June 13th. The stock was bought at an average price of $4.60 per share, with a total value of $231,646.80. Following the transaction, the director now directly owns 100,000 shares in the company, valued at approximately $460,000. The purchase was disclosed in a filing with the SEC, which is accessible through this link. In other news, insider Charles W. Lyon bought 11,400 shares of the business’s stock in a transaction that occurred on Thursday, June 6th. The shares were bought at an average cost of $4.36 per share, for a total transaction of $49,704.00. Following the acquisition, the insider now directly owns 11,400 shares in the company, valued at $49,704. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ronald J. Kruszewski bought 50,358 shares of the business’s stock in a transaction that occurred on Thursday, June 13th. The stock was purchased at an average price of $4.60 per share, for a total transaction of $231,646.80. Following the completion of the acquisition, the director now owns 100,000 shares in the company, valued at $460,000. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 95,302 shares of company stock valued at $429,149. 40.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. boosted its position in shares of FutureFuel by 821.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 6,029 shares of the energy company’s stock valued at $37,000 after acquiring an additional 5,375 shares during the last quarter. Laurion Capital Management LP bought a new stake in FutureFuel in the 3rd quarter worth approximately $74,000. EntryPoint Capital LLC bought a new stake in FutureFuel in the 1st quarter worth approximately $83,000. AXQ Capital LP bought a new stake in FutureFuel in the 3rd quarter worth approximately $89,000. Finally, Jump Financial LLC bought a new stake in FutureFuel in the 3rd quarter worth approximately $90,000. Hedge funds and other institutional investors own 44.56% of the company’s stock.

Wall Street Analysts Forecast Growth

FF has been the topic of several recent analyst reports. StockNews.com cut FutureFuel from a “buy” rating to a “hold” rating in a research note on Monday, May 13th. HC Wainwright lifted their target price on FutureFuel from $0.70 to $0.80 and gave the stock a “buy” rating in a research note on Tuesday, May 14th.

View Our Latest Stock Analysis on FF

FutureFuel Price Performance

Shares of NYSE FF traded up $0.08 during mid-day trading on Wednesday, reaching $4.70. 405,925 shares of the company’s stock were exchanged, compared to its average volume of 488,632. The firm has a market capitalization of $205.67 million, a price-to-earnings ratio of 10.23 and a beta of 0.63. FutureFuel has a 52 week low of $4.15 and a 52 week high of $10.31. The firm has a 50-day moving average price of $5.05 and a two-hundred day moving average price of $5.86.

FutureFuel (NYSE:FFGet Free Report) last announced its quarterly earnings data on Friday, May 10th. The energy company reported $0.10 earnings per share for the quarter. FutureFuel had a return on equity of 7.46% and a net margin of 5.86%. The company had revenue of $58.28 million during the quarter.

About FutureFuel

(Get Free Report)

FutureFuel Corp., together with its subsidiaries, manufactures and sells diversified chemical, bio-based fuel, and bio-based specialty chemical products in the United States. The company operates through two segments, Chemicals and Biofuels. The Chemicals segment provides various custom chemicals that are used in the coatings, chemical intermediates, industrial and consumer cleaning, oil and gas, and specialty polymers industries; and performance chemicals, such as polymer modifiers, glycerin products, and various specialty chemicals and solvents.

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